This bill establishes minimum compensation rates for teachers and certain unlicensed school staff in Minnesota, proposing new legal language to be added to Minnesota Statutes, chapter 122A. It defines key terms such as "base teacher compensation," "covered unlicensed staff member," and sets specific compensation thresholds for the 2025-2026 school year, including $80,000 for experienced teachers with a master's degree and $25 per hour for unlicensed staff. The bill mandates that these thresholds be periodically adjusted for inflation, with the commissioner of education responsible for calculating and publishing these adjustments every four years.

Additionally, the bill outlines provisions for base teacher compensation aid and unlicensed staff wage aid, ensuring that school districts receive financial support to meet the established compensation thresholds. Starting July 1, 2025, school districts must pay full-time equivalent teachers at least the set compensation threshold and ensure that covered unlicensed staff members receive wages at or above the unlicensed staff wage threshold. The bill emphasizes that these changes do not alter the obligation of school districts to engage in collective bargaining with teachers and educators. The effective date for these provisions is set for July 1, 2024.